Here's How Much You Would Have Made Owning Lam Research Stock In The Last 10 Years

Lam Research LRCX has outperformed the market over the past 10 years by 23.38% on an annualized basis producing an average annual return of 33.81%. Currently, Lam Research has a market capitalization of $123.89 billion.

Buying $100 In LRCX: If an investor had bought $100 of LRCX stock 10 years ago, it would be worth $1,834.82 today based on a price of $945.00 for LRCX at the time of writing.

Lam Research's Performance Over Last 10 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.